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Jul 28, 2011
07/11
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with jon ralston." >> woodruff: it's great to see you both again. an john ralston i'm going to start with you. is that description we heard from jay carney at the white house, the voters are frustrated with dysfunction, does that sound like what you're hearing in nevada? or what are you hearing? >> yeah, judy, i think it is pretty of the name out-- same out here or worse than it is in the rest of the country. remember we have maybe the worst economy in the country, highest unemployment rate. we are the center of the foreclosure crisis in america. more than half the people who live here who are homeowners, their homes are underwater. so people up here are up set. they have been for some time. and yeah, the anti-washington sentiment which is kind of endemic to nevada in the first place is only accentuated by what is going on right now. >> woodruff: so what's going on right now, you're saying, playings into a feeling, a sense that's already there? >> it is here. and then we have this other cruise i believe, the first house election in the history of th
with jon ralston." >> woodruff: it's great to see you both again. an john ralston i'm going to start with you. is that description we heard from jay carney at the white house, the voters are frustrated with dysfunction, does that sound like what you're hearing in nevada? or what are you hearing? >> yeah, judy, i think it is pretty of the name out-- same out here or worse than it is in the rest of the country. remember we have maybe the worst economy in the country, highest...
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Dec 22, 2011
12/11
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jon huntsman, let's go. it ( cheers and applause ) >> paul: sit right down here. >> here we go, here we go. ♪ ♪ >> dave: oh, my goodness. >> paul: go, go, go, go, johnny go, go, go, johnny go go, go, johnny go johnny be good ( cheers and applause ). >> dave: governor jon huntsman, ladies and gentlemen. thank you very much. say hello to your family for me. thank you very much, governor. jon huntsman. we'll be back with j. cole, everybody. ,,
jon huntsman, let's go. it ( cheers and applause ) >> paul: sit right down here. >> here we go, here we go. ♪ ♪ >> dave: oh, my goodness. >> paul: go, go, go, go, johnny go, go, go, johnny go go, go, johnny go johnny be good ( cheers and applause ). >> dave: governor jon huntsman, ladies and gentlemen. thank you very much. say hello to your family for me. thank you very much, governor. jon huntsman. we'll be back with j. cole, everybody. ,,
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Dec 7, 2011
12/11
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global squo jon corzine is senator pat roberts, the ranking member on the u.s. senate agriculture committee. darren gersh spoke with him today and asked about the impact global is having an trm farmers. >> think of the farmer that was driving back to kansas from colorado and heard about this on the news, all of a sudden found out that $30,000 of his assets were frozen. he was getting prepared to buy seed, fertilizer, was talking to a local realtor in regards to some land he might want to purchase or rent. that just stops it just like that. it's going to have an impact on crops, this is going to have an impact on our food prices, it is pretty broad across all the farm country. and i'm hearing more about this than i am what's going to happen on the farm bill. >> reporter: we did talk would one investor who wanted to ask the senator where's the money. so is that the question you're going to ask if you get a chance to talk to mr. corzine, we can say what happened to the money and where is it, i think there are a whole series of questions, one leading to another, to
global squo jon corzine is senator pat roberts, the ranking member on the u.s. senate agriculture committee. darren gersh spoke with him today and asked about the impact global is having an trm farmers. >> think of the farmer that was driving back to kansas from colorado and heard about this on the news, all of a sudden found out that $30,000 of his assets were frozen. he was getting prepared to buy seed, fertilizer, was talking to a local realtor in regards to some land he might want to...
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Dec 8, 2011
12/11
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darren gersh picks up the story. >> reporter: jon corzine is not the first c.e.o. to explain before congress why his company failed, but he is the first former governor and u.s. senator in more than 100 years to testify under subpoena. his voice subdued, corzine offered his side of the story. >> i apologize both personally and on behalf of the company to our customers, our employees, and our investors. i truly know they are bearing the brunt of the impact of the firm's bankruptcy. >> reporter: corzine defended his role at m.f. global on all fronts. he pointed out the firm was losing money before he took over. he said he was worried about financial risk, reducing the company's leverage from 37 times equity to around 30. he stressed the foreign government bonds m.f. global invested in have not defaulted or been restructured. so what happened to the $1.2 billion missing from customer accounts? >> i was stunned when i was told on sunday, october 30, 2011, that m.f. global could not account for many hundreds of millions of dollars of client money. i simply do not know w
darren gersh picks up the story. >> reporter: jon corzine is not the first c.e.o. to explain before congress why his company failed, but he is the first former governor and u.s. senator in more than 100 years to testify under subpoena. his voice subdued, corzine offered his side of the story. >> i apologize both personally and on behalf of the company to our customers, our employees, and our investors. i truly know they are bearing the brunt of the impact of the firm's bankruptcy....
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Dec 15, 2011
12/11
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as darren gersh reports, some attorneys believe him. >> reporter: jon corzine's response to allegations he knew customer funds were transferred to m.f. global's affiliate companies was categorical. >> i don't know how to respond to something that somebody said to somebody else to somebody else that is unidentified and i can't speak to. i do know that i never authorized anyone to use customer funds to make a loan or a transfer of funds. i never intended to, nor do i think i said anything that could have been construed to do that. cme group c.e.o. terrence duffy said earlier this week an auditor heard one employee say corzine knew a loan had been made from customer accounts. corzine said money may have been transferred to clear up an overdraft at j.p. morgan. but he insisted the transaction was appropriate. >> the back office in chicago explicitly confirmed to me that the funds were properly transferred. >> reporter: former federal prosecutor jacob frankel was struck by the force of corzine's denial. >> these were absolute, unequivocal denials under oath. and for that reason, i think it i
as darren gersh reports, some attorneys believe him. >> reporter: jon corzine's response to allegations he knew customer funds were transferred to m.f. global's affiliate companies was categorical. >> i don't know how to respond to something that somebody said to somebody else to somebody else that is unidentified and i can't speak to. i do know that i never authorized anyone to use customer funds to make a loan or a transfer of funds. i never intended to, nor do i think i said...
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Nov 7, 2011
11/11
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jon corzine held prominent positions at goldman sachs at one time. both left the investment bank in the late 1990s. the nation's top securities regulator, mary shapiro, told n.b.r. today that regulators are not to blame for the collapse of m.f. global. she said the securities and exchange commission and other regulators are investigating what exactly went wrong at the firm. schapiro was speaking at a securities industry conference, where she said the sec is looking at revamping money market funds. one option is to let the value of money market funds fluctuate instead of being fixed at $1 a share. it's a controversial idea, because safety and stability are the reasons most people buy money market mutual funds. erika miller talked with shapiro about money market reform, but first she asked her to explain the role of regulators in the demise of m.f. global. >> ms global's failure is a result of their decisions, investment decisions, bad decisions and not the result of regulatory 235i8ure in my view. >> so it's solely the responsibility of leadership say
jon corzine held prominent positions at goldman sachs at one time. both left the investment bank in the late 1990s. the nation's top securities regulator, mary shapiro, told n.b.r. today that regulators are not to blame for the collapse of m.f. global. she said the securities and exchange commission and other regulators are investigating what exactly went wrong at the firm. schapiro was speaking at a securities industry conference, where she said the sec is looking at revamping money market...
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Nov 1, 2011
11/11
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global, the now- former goldman sachs executive jon corzine, violated crucial wall street regulations by failing to keep customer money separate from company money. an m.f. global executive admitted as much, according to published reports. it isn't clear whether the separately, the head of the commodities futures trading commission are investigating it's just the latest bad news yesterday, it filed for the eighth largest bankruptcy in >> susie: a change of heart from bank of america today. the bank announced the fee a month ago, and the negative backlash was immediate. milar charges.2 after the regulators capped fees on debit card transactions last month at about half the previous level. that's good news for consumers, the bank stocks were down again today. >> tom: ya, far another rough day. start after a difficult halloween. it with tonight's focus. stocks took another beating today, extending the sell-off for the second straight session. stiff selling over the past two the selling again today was led about earlier. 5%. then we also saw selling in the economically sensitive areas of
global, the now- former goldman sachs executive jon corzine, violated crucial wall street regulations by failing to keep customer money separate from company money. an m.f. global executive admitted as much, according to published reports. it isn't clear whether the separately, the head of the commodities futures trading commission are investigating it's just the latest bad news yesterday, it filed for the eighth largest bankruptcy in >> susie: a change of heart from bank of america...
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Oct 31, 2011
10/11
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it was jon corzine's dream to build m.f. global into a mini goldman sachs. he talked about transforming the midsize firm to a full-fledged investment bank. but all that changed when corzine and the firm made too many risky bets, especially some bad trades in europe. as the european debt crisis worsened, m.f. global posted a loss of $186 million in its fiscal second quarter because of that huge loss, it was downgraded to junk status. this is the eighth-largest corporate bankruptcy filing in the u.s. since 1980. m.f. global listed its assets as $41 billion. it has nearly $40 billion in debt. it has a large number of creditors. j.p. morgan bank and deutsche bank trust are the top two of its 50 unsecured creditors, with more than $1 billion each. others include pricewaterhouse- coopers, oracle corporation, bloomberg finance and the forum group. until today, m.f. global was considered among 22 companies financially secure enough to act as primary dealers to sell u.s. government debt. the federal reserve bank of new york suspended any of global's new business and
it was jon corzine's dream to build m.f. global into a mini goldman sachs. he talked about transforming the midsize firm to a full-fledged investment bank. but all that changed when corzine and the firm made too many risky bets, especially some bad trades in europe. as the european debt crisis worsened, m.f. global posted a loss of $186 million in its fiscal second quarter because of that huge loss, it was downgraded to junk status. this is the eighth-largest corporate bankruptcy filing in the...
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Dec 5, 2011
12/11
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global employees filed a class-action lawsuit against jon corzine-- the firm's former c.e.o.-- and other senior executives. the suit says they lied to employees about the firm's financial condition. here's what we're watching for tomorrow: quarterly results from retailers pep boys and men's warehouse, along with luxury homebuilder toll brothers. also tomorrow, it's the largest youth football and cheerleader program in the world. "beyond the scoreboard" looks at how pop warner has weathered a weak economy and how it's stayed in business for more than 80 years. you may see fewer cars at the mall this weekend. more than a third of u.s. shoppers are already done with most of their holiday shopping, according to a new survey. another 28% of people surveyed said they plan to take a break from spending now that black friday is behind them. about four in ten shoppers plan to finish checking off their holiday lists at discount chains, highlighting that many americans are trying to remain frugal. >> tom: were bond holders misled about the miami marlins finances while being encouraged to buy bonds
global employees filed a class-action lawsuit against jon corzine-- the firm's former c.e.o.-- and other senior executives. the suit says they lied to employees about the firm's financial condition. here's what we're watching for tomorrow: quarterly results from retailers pep boys and men's warehouse, along with luxury homebuilder toll brothers. also tomorrow, it's the largest youth football and cheerleader program in the world. "beyond the scoreboard" looks at how pop warner has...
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Dec 5, 2011
12/11
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>> it has to be jon huntsman or rick santorum. that is who we have left. there are folks who are not happy with the republican party. they are not happy with their choices. they tried to get chris christie into the race, the governor of new jersey. they tried to get jeb bush and others. they are not happy. it tells me that we take a look at the front runners. it is still mitt romney to lose. he is not concerned enough for the base. >> i am sure we will talk about this again. in fact, tomorrow we have a report from iowa, their take on the latest in the republican race. you are watching "bbc world news america." still to come, protecting a vital resource in the heart of africa. the race is on to save one of the world's largest rain forests before it is too late. there has been a significant scientific breakthrough that could help preserve australia's great barrier reef. duncan kennedy has the details. >> it is the only living thing on earth visible from space, 2,600 kilometers long, the truly great barrier reef. in fact, it is nearly 3000 wreaths systems, lo
>> it has to be jon huntsman or rick santorum. that is who we have left. there are folks who are not happy with the republican party. they are not happy with their choices. they tried to get chris christie into the race, the governor of new jersey. they tried to get jeb bush and others. they are not happy. it tells me that we take a look at the front runners. it is still mitt romney to lose. he is not concerned enough for the base. >> i am sure we will talk about this again. in...
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Dec 2, 2011
12/11
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global chairman jon corzine. he's being compelled to testify before a house agricultural committee hearing next thursday. the committee wants answers on the m.f. global's sudden collapse into bankruptcy in late october. corzine is a former u.s. senator, governor of new jersey and c.e.o. of goldman sachs. he has also been asked to appear before the senate ag committee in mid-december. >> susie: ten years ago today, enron filed for bankruptcy. the once powerful energy firm came crashing down in the wake of a massive accounting scandal. our guest tonight is the woman who exposed that fraud: sherron watkins. she was enron's vice president for corporate development and warned enron's top executives that there were misstatements and otr shenanigans in the company's financial reports. known as "enron's whistleblower," watkins was selected by "time" magazine as one of its "persons of the year" cover in 2002. as we continue our series "enron-- 10 years later," we talk with sherron watkins. sherron, thank you so much for j
global chairman jon corzine. he's being compelled to testify before a house agricultural committee hearing next thursday. the committee wants answers on the m.f. global's sudden collapse into bankruptcy in late october. corzine is a former u.s. senator, governor of new jersey and c.e.o. of goldman sachs. he has also been asked to appear before the senate ag committee in mid-december. >> susie: ten years ago today, enron filed for bankruptcy. the once powerful energy firm came crashing...
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Jul 28, 2011
07/11
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from oslo, the bbc's jon brain. >> at the cathedral, the floral carpet continues to grow. ivan knows one of these tributes could have easily been for him. he came face to face with the gunman and lived. >> he started shooting around me and he got several of the guys around me and then he has to -- had to reload his gun and then i got my chance to get away and i ran into the water and i started swimming. i got my clothes soaked and started swimming. >> and was he still firing at you? >> yeah, then he reloaded his gun and started firing again. he went down to the water and shot many of the people trying to escape from there. luckily he didn't get me. i was just lucky. >> the majority of the people on the island did escape anders breivik but doesn't mean they completely avoided harm. the skithe treating the -- psychiatrist treating the victims said many are suffering. >> this is an act of a human being and this causes more stress than disasters caused by nature. >> meanwhile, the latest stage in the healing process here in oslo will come tomorrow with a memorial event in the
from oslo, the bbc's jon brain. >> at the cathedral, the floral carpet continues to grow. ivan knows one of these tributes could have easily been for him. he came face to face with the gunman and lived. >> he started shooting around me and he got several of the guys around me and then he has to -- had to reload his gun and then i got my chance to get away and i ran into the water and i started swimming. i got my clothes soaked and started swimming. >> and was he still firing...
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Nov 22, 2011
11/11
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regulators and top mf global officials like jon corzine, who resigned as c.e.o., and the firm's c.o.o., bradley abelow, have been invited to testify before the house financial services subcommittee for oversight and investigations. meanwhile, j.p. morgan is vying to buy a nearly 5% stake in the london metal exchange from mg global holdings for $39.1 million. mf global filed for bankruptcy october 31 after bad trades on european debt triggered its collapse. on wall street kind of another down day. this is five days in a row that the s&p is down. a lot of worries of a recession in europe and new economy in the u.s. >> it's slower than expected that third quarter number took any kind of wind out of the sales of the market and of course the holiday week is following as well. let's go ahead and take a look at what was happening in tonight's market focus. it was a choppy session for stocks with a bias to the downside, thanks to the slower u.s. economic data and higher interest rates in europe. you can see the battle between buyers and sellers on the daily chart of the s&p 500. the market hi
regulators and top mf global officials like jon corzine, who resigned as c.e.o., and the firm's c.o.o., bradley abelow, have been invited to testify before the house financial services subcommittee for oversight and investigations. meanwhile, j.p. morgan is vying to buy a nearly 5% stake in the london metal exchange from mg global holdings for $39.1 million. mf global filed for bankruptcy october 31 after bad trades on european debt triggered its collapse. on wall street kind of another down...
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Oct 25, 2011
10/11
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governor jon corzine is running these days. shares of m.f. global buckled as the firm's exposure to europe's sovereign debt is hampering its goal to become a leading boutique investment bank. the company posted a loss of nine cents per share versus a profit a year ago. moody's downgraded the stock yesterday and today the stock sank nearly 50%. based on that drop it's lost more than three quarters of its value this year. and that's tonight's "market focus." >> susie: with the end of the u.s. involvement in iraq in sight, the obama administration announced today it will now focus on trying to secure jobs for returning veterans. president obama's first initiative calls for community health centers to hire 8,000 vets over the next three years. the president wants to use his executive powers to work around republicans in congress opposing his $447 billion jobs plan. the unemployment rate for veterans who've served since the 9/11 attacks is 11.7%. the national average is 9.1%. the white house is also releasing details of president obama's plan to b
governor jon corzine is running these days. shares of m.f. global buckled as the firm's exposure to europe's sovereign debt is hampering its goal to become a leading boutique investment bank. the company posted a loss of nine cents per share versus a profit a year ago. moody's downgraded the stock yesterday and today the stock sank nearly 50%. based on that drop it's lost more than three quarters of its value this year. and that's tonight's "market focus." >> susie: with the end...
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Dec 13, 2011
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. >> susie: also in washington today, jon corzine was back on capitol hill. this time, he faced his former peers in the senate. and again, he denied knowing what happened to millions in missing client money at his former firm, m.f. global. the senate agriculture committee wanted to know who authorized the use of that money for trades in the days before the company collapsed. corzine told lawmakers it wasn't him. >> i never directed anyone at m.f. global to misuse customer funds. i never intended to, and as far as i'm concerned, i never gave instructions that anody could misconstrue. >> susie: but the head of the c.m.e. group, terry duffy, told lawmakers later he believes corzine knew about at least one transfer of customer money-- a $175 million loan to a european affiliate. >> susie: despite all the hoopla this holiday season, retail sales were subdued in november. they rose only two tenths of a percent, much less than analysts were expecting and well below the gains in october. erika miller takes a closer look at what this could mean for the nation's retail
. >> susie: also in washington today, jon corzine was back on capitol hill. this time, he faced his former peers in the senate. and again, he denied knowing what happened to millions in missing client money at his former firm, m.f. global. the senate agriculture committee wanted to know who authorized the use of that money for trades in the days before the company collapsed. corzine told lawmakers it wasn't him. >> i never directed anyone at m.f. global to misuse customer funds. i...
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Dec 12, 2011
12/11
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jon corzine is back on capitol hill facing questions from the senate agricultural committee about g client money. also tomorrow, manpower issues its hiring outlook for next year and the federal reserve hosts its last policy meeting of the year. we'll find out what ben bernanke and other fed policymakers say about the economy. the justice department's challenge to the $39 billion merger of at&t and t-mobile is on hold. >> or whether to give up on the merger all together this that comes after a fed ral judge ruled today to put the justice's departments challenge to the merger on hold, the judge wants eight to deliver a status report by mid-january that specifically states if it plans to fight for the deal. >> tom: in an unprecedented move the securities and exchange commission is going after the agency that ensures investor brokerage accounts in the u.s. the suit against the securities investor protection corporation known as the sipc is an effort to repay victims of an alleged $7 billion ponzi scheme by r allen standford's failed investments. standford was accused in 2009 of fabricating hig
jon corzine is back on capitol hill facing questions from the senate agricultural committee about g client money. also tomorrow, manpower issues its hiring outlook for next year and the federal reserve hosts its last policy meeting of the year. we'll find out what ben bernanke and other fed policymakers say about the economy. the justice department's challenge to the $39 billion merger of at&t and t-mobile is on hold. >> or whether to give up on the merger all together this that comes...
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Oct 19, 2011
10/11
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. >> ifill: like jon huntsman who wasn't there last night. >> exactly. jon huntsman's whole candidacy is based in winning new hampshire so he opted out of the debate. so as the calendar takes shape you'll start seeing real grass-roots on-the-ground organizing. who is my hard committed supporter who will turn out on election night? and we'll see television ads. it's going to be both positive for people not that well known, the candidates need to introduce themselves into these people's living rooms but trust me before too long, gwen, probably before the next debate we'll see negative television ads. >> reporter: glenn kessler of the "washington post" will be there to tell us about it. thank you, too, david. >> woodruff: now, a long-delayed rise in social security benefits and its impact on seniors. margaret warner has the story. >> warner: seniors and the disabled haven't seen an increase in their social security checks for nearly three years. but today, the government said 55 million recipients will get a 3.6% bump in benefits, next january. the cost-of-
. >> ifill: like jon huntsman who wasn't there last night. >> exactly. jon huntsman's whole candidacy is based in winning new hampshire so he opted out of the debate. so as the calendar takes shape you'll start seeing real grass-roots on-the-ground organizing. who is my hard committed supporter who will turn out on election night? and we'll see television ads. it's going to be both positive for people not that well known, the candidates need to introduce themselves into these...
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Dec 9, 2011
12/11
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jon corzine told lawmakers he didn't know what happened to millions of dollars in customer money that's still missing. lots of money ghooing the market, as we said this european bill rallied. >> as he said down 200 points yesterday, up 200 point today, we will wait over the weekend but certainly optimism today. we'll roll with today's market focus. are thanks to some optimism from europe, we some some relief buying of u.s. stocks. stocks were poised for some gains from the opening bell. this is today's activity with the dow jones industrial average-- the dow finishing higher by 1.5%. today's gain helped pull the index positive for the week, the second straight week of gains. the dow was up four sessions, but even with the sell-off yesterday, it's 1.4% higher this week. the nasdaq saw a more muted gain, but a gain nevertheless-- up 0.8% compared to last week. and the s&p 500 is almost 1% higher tonight compared to a week ago, thanks to today's rally. the financial sector again led the market. with so much focus on europe, financials, energy and industrial sectors each gained at least 2%
jon corzine told lawmakers he didn't know what happened to millions of dollars in customer money that's still missing. lots of money ghooing the market, as we said this european bill rallied. >> as he said down 200 points yesterday, up 200 point today, we will wait over the weekend but certainly optimism today. we'll roll with today's market focus. are thanks to some optimism from europe, we some some relief buying of u.s. stocks. stocks were poised for some gains from the opening bell....
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Dec 23, 2011
12/11
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hello, conan, craig, the jimmies, the cable twins, that's john jon stewart and steve colbert, and jay, that would be leno, and then look, i added a humorous little thing there, let's buy a zoo. (applause) >> dave: now i'm going to send that out. get ready, anton, here we go. there she goes, ladies and gentlemen. what happened to the thing, usually it was a beautiful christmas tree, just gorgeous. usually and then we have the pizza pie there and there it is, the empire state building and on top of that we used to have rupert g bring in a meatball, a big, beautiful fat meatball and it would go right up there on top of the tree. and it was silly and symbolic because that's how our first christmas here what happened to the -- >> i don't snow what happened to the meatball. >> dave: we didn't put it on yet. it was up earlier. >> paul: i remember it being up there. >> dave: it was up there. >> paul: i remember it. >> dave: where-- what-- (laughter) oh boy. wow. and he's worried about cathy griffin hurting his credibility. (laughter) there, we found the meatball, ladies and gentlemen. we'll b
hello, conan, craig, the jimmies, the cable twins, that's john jon stewart and steve colbert, and jay, that would be leno, and then look, i added a humorous little thing there, let's buy a zoo. (applause) >> dave: now i'm going to send that out. get ready, anton, here we go. there she goes, ladies and gentlemen. what happened to the thing, usually it was a beautiful christmas tree, just gorgeous. usually and then we have the pizza pie there and there it is, the empire state building and...
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Nov 23, 2011
11/11
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so the ron paul's of the world and to a lesser degree jon huntsmans, that i tier grandchildren of the old isolationists, the libertarian wing of the party but also the party uncomfortable with where george bush led them. >> woodruff: is that the main fault liven among the republicans? >> i think so. if you look at afghanistan where there's a real difference of upon among the candidates, there's a skepticism in some of the candidates of nation building. that's the fault line and it does relate to these issues. perry in the last election said we're going to win and santorum in that category. that's the context is really afghanistan. >> warner: and you see a difference then on torture and waterboarding. we heard michele bachmann and a couple other candidates more aggressive and then... >> well, this is an issue where i don't think the criticism rings true. i mean, barack obama may have criticized waterboarding but he uses drones to kill terrorists with a great deal of regularity. he has a very robust approach to the war on terror and that's a general genuine problem for the republican fi
so the ron paul's of the world and to a lesser degree jon huntsmans, that i tier grandchildren of the old isolationists, the libertarian wing of the party but also the party uncomfortable with where george bush led them. >> woodruff: is that the main fault liven among the republicans? >> i think so. if you look at afghanistan where there's a real difference of upon among the candidates, there's a skepticism in some of the candidates of nation building. that's the fault line and it...
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Nov 3, 2011
11/11
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financial and jon corzine just made. they leverages 40 to one. they said, wait a minute, we think going to make a lot of money here. guess what, they didn't. when it goes against you, you're wiped out. find a steady, stable, prudent course. this money is really important, and it needs to be there for the long term. >> tom: but, michael, you know, that's a tough description for the markets when they've been as volatile as they have been. we have a couple of viewer questions. eric wrote on facebook, "is the current market volatility the new norm? should we just get used to it?" >> eric, unfortunately, i i don't, we have a whole lot of choice. as soon as we stop hearing about greece here in the next couple of days, we'll be hearing about the u.s. group of 12 who are going to see whether they can get to this debt limit or not. the news is going to stay there and keep us rather volatile. >> tom: that's the supercommittee, of course, that's supposed to come up with new budget cuts or face automatic cuts in government spending. >> which will be ugly. >>
financial and jon corzine just made. they leverages 40 to one. they said, wait a minute, we think going to make a lot of money here. guess what, they didn't. when it goes against you, you're wiped out. find a steady, stable, prudent course. this money is really important, and it needs to be there for the long term. >> tom: but, michael, you know, that's a tough description for the markets when they've been as volatile as they have been. we have a couple of viewer questions. eric wrote on...
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and finally the introduction of the mystery man, jon huntsman,the former governor of utah and former ambassador to china. so there were a lot of subplots but i think the main plot is mitt romney goes in ahead and comes out ahead. >> lehrer: do you agree with that overall, rich? >> yes, the second debate in a row where romney has basically skated by untouched. but the most consequential exchanges for the next couple of days, and then the campaign following were those between tim pawlenty and michele bachmann. i think what's happened to tim pawlenty in this race is very unfortunate. anyone who has met him will say he is one of the nicest guys you will ever meet in politics. and i think the best play for him in this campaign would be himself, basically. be the low-key slightly self-deprecating guy from the upper midwest who has a pretty good record as governor. instead, he's been forced in this desperation role where he's lashing out at romney and especially at bachmann. because bachmann is stealing his thunder in iowa. and pawlenty has this entire campaign now riding on the outcome of
and finally the introduction of the mystery man, jon huntsman,the former governor of utah and former ambassador to china. so there were a lot of subplots but i think the main plot is mitt romney goes in ahead and comes out ahead. >> lehrer: do you agree with that overall, rich? >> yes, the second debate in a row where romney has basically skated by untouched. but the most consequential exchanges for the next couple of days, and then the campaign following were those between tim...
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>> well, jon huntsman this is his first foray on to the debate stage. nobody has really seen him in this kind of forum before. and he's a widely unknown candidate. i think he has to sort of answer those fundamental questions of who am i and why am i here. remember admiral stockdale that famous vice presidential debate. john huntsman, there were such great expectations about his candidacy when he got into the race in june. and he just has not proven to live up to those expectations yet. and so i do think that there is going to be a lot of pressure on him to sort of explain the rational for his candidacy. but you are right, this is not his turf. he has already said he's skipping the iowa caucuses next year. won't compete in hem this. he's focused in new hampshire, south carolina and florida. and mitt romney, listen this is a front-running candidate that you and i talked about before, is a weak front-runner. and obviously that's the case or rick perry wouldn't be getting in this late in the game. so i think mitt romney, though, his goal is to stay above th
>> well, jon huntsman this is his first foray on to the debate stage. nobody has really seen him in this kind of forum before. and he's a widely unknown candidate. i think he has to sort of answer those fundamental questions of who am i and why am i here. remember admiral stockdale that famous vice presidential debate. john huntsman, there were such great expectations about his candidacy when he got into the race in june. and he just has not proven to live up to those expectations yet....
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jon corzine filed for bankruptcy on halloween. >> susie: back now to our top story, the failure of congress' supercommittee. douglas holtz-eakin looks at the lessons learned from the supercommittee's efforts. he's president of the american action forum and former director of the congressional budget office. >> the collapse and failure of congress' so called supercommittee has everyone looking for lessons. here are three. lesson number one? white house leadership matters. if you look back at history, every time congress tries to enact large bipartisan legislation, it requires presidential involvement to push it over the finish line. perhaps in retrospect, president obama's distance from this effort doomed it from the outset. we'll need everyone on board going forward. lesson number two is that bad politics still trumps bad policy. the supercommittee's job reform of taxes, fixing our entitlement programs, is the kind of thing it should do. america needs a better tax code. and it needs to make its social safety net durable- survive to the next generation, not bancrupt the federal government. u
jon corzine filed for bankruptcy on halloween. >> susie: back now to our top story, the failure of congress' supercommittee. douglas holtz-eakin looks at the lessons learned from the supercommittee's efforts. he's president of the american action forum and former director of the congressional budget office. >> the collapse and failure of congress' so called supercommittee has everyone looking for lessons. here are three. lesson number one? white house leadership matters. if you look...
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with rick santorum at 2% and come up and jon huntsman at 1.4%, why not include ron johnson? >> i think they should. >> i will end with a low note. in a week where we saw three executions in the states, all of them with severe consequences, and racial overtones, no mention in the republican debate, and this is a republican debate that just last week or two weeks ago had people cheering the number of executions in a state. >> that is our show for the day. we will be back next week. meanwhile, have a great time. all the best. cheers. ♪ >> many have spoken out on the need to transition to a clean energy future. at exelon we are acting, committed to displacing or reducing more than 1500 metric tons of gas emissions through helping customers reduce emissions, and offering more low carbon electricity in the marketplace. we are taking action, and we are seeing results. >> "white house chronicle" is produced in collaboration with whut, howard university television. from washington, d.c., this has been "white house chronicle," a weekly analysis of the news with a sense of humor feat
with rick santorum at 2% and come up and jon huntsman at 1.4%, why not include ron johnson? >> i think they should. >> i will end with a low note. in a week where we saw three executions in the states, all of them with severe consequences, and racial overtones, no mention in the republican debate, and this is a republican debate that just last week or two weeks ago had people cheering the number of executions in a state. >> that is our show for the day. we will be back next...
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. >> they were born in the 1780-- 1870s, church hill, and the youngest jon monet born in the '80s, that is relevant because they all came to full adulthood and political consciousness before world war i and the world that they remembered and they are in some sense trying to reconstruct in the catastrophic situation of europe after '45 is the stable and as they see it liberal, reforming world of late 19th century edwardian europe. they want to complete the reform projects of what we now call the welfare state but what they would have thought of as the sort of network of security and safety and guarantees. and they wanted to do, to answer what maynard keynes another of their generation said just before the war ended. he said this war there will be a great hunger for social and personal security. and there was w for all the kinds of reasons which where obvious. most europeans had lived in 35, 40 years of war, violence, depression, instability, massacre. >> with the europe that these men built and it's an astonishing achievement because if we could think back to 1945, this was a continent t
. >> they were born in the 1780-- 1870s, church hill, and the youngest jon monet born in the '80s, that is relevant because they all came to full adulthood and political consciousness before world war i and the world that they remembered and they are in some sense trying to reconstruct in the catastrophic situation of europe after '45 is the stable and as they see it liberal, reforming world of late 19th century edwardian europe. they want to complete the reform projects of what we now...
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. >> the obama people our most nervous about jon huntsman. >> they should be. >> one of the three most popular governors in the country. romney wants this to be a general election campaign -- >> michele bachmann could cause trouble for tim pawlenty in iowa. >> she could win in iowa, she lives next door, she is from iowa. it is socially very conservative, and that appeals to her constituency. but the next one is new hampshire, and 40% of that vote is independents in new hampshire, and they can vote in the republican primary, and there is no reason to vote in the democratic primary. it will be interesting to see and northeast state -- >> that will help romney, that is why he is gambling everything on the new hampshire. . >> rick santorum -- i want to talk about michele bachmann, because she has a real comer in the republican party. she comes across not as slash and burn, although she has said a lot of crazy things. and she is smart, " she made some -- and she is smart. she made some goofs, but she is a smart. it is sexist to compare her with sarah palin, because sarah palin is not and th
. >> the obama people our most nervous about jon huntsman. >> they should be. >> one of the three most popular governors in the country. romney wants this to be a general election campaign -- >> michele bachmann could cause trouble for tim pawlenty in iowa. >> she could win in iowa, she lives next door, she is from iowa. it is socially very conservative, and that appeals to her constituency. but the next one is new hampshire, and 40% of that vote is independents in...
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. -- jon huntsman. a weak field facing a tough incumbent. >> a tough incumbent but problems with the economy, unemployment at 9%. a good candidate could make a very credible run against barack obama. we are in a country of 350 million americans. why is it the republicans can't find somebody who can give barack obama a run for his money? >> jeb bush, caris & company at this, mitch -- chris christie, mitch romney. that americans like two-term presidents and the republican issues aren't great and even though the economy is bad and mitt romney said he's failed the american public, they not only spare some of the blame for this as well. and so it's not a great year to be a republican, either. this isn't setting up as a great g.o.p. year. >> barack obama will raise $1 billion. we're going to spend what on this election? going to cost america like $2 billion? >> probably close to that. >> why not call it off and put that money somewhere else? >> this is what the british do. they do this in six weeks. isn't tha
. -- jon huntsman. a weak field facing a tough incumbent. >> a tough incumbent but problems with the economy, unemployment at 9%. a good candidate could make a very credible run against barack obama. we are in a country of 350 million americans. why is it the republicans can't find somebody who can give barack obama a run for his money? >> jeb bush, caris & company at this, mitch -- chris christie, mitch romney. that americans like two-term presidents and the republican issues...
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and we're like oh, it's cool that one like jon loved it that much. it proved that okay, and but even just the audience in general. you know, we don't get a lot of-- we get to finish south park in the middle of the night on an avid and put it out there and go to bed. then we can read on the internet what people thought about it but having this experience where we can be there at the back of the house every night and hear the audience laugh, is something we haven't gotten to experience very much. so it is pretty fun for us. >> rose: you two working together, has that changed? >> not the way we work together. >> no, not the way. it's always kind of different. like you know, it is always kind of changed depending on what we are doing. and a lot of times, like trey is director. and sometimes its, you know, producer director relationship amount of lot of times it is just a writing team relationship. sometimes we're going on charlie rose and it is two friend goesing on charlie rose, honestly that's the truth so it kind of changes depending on the situation.
and we're like oh, it's cool that one like jon loved it that much. it proved that okay, and but even just the audience in general. you know, we don't get a lot of-- we get to finish south park in the middle of the night on an avid and put it out there and go to bed. then we can read on the internet what people thought about it but having this experience where we can be there at the back of the house every night and hear the audience laugh, is something we haven't gotten to experience very much....
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: then, ray suarez examines the rise and fall of a brokerage firm led by former new jersey governor jon corzine. >> woodruff: two stories about budget battles: we update the progress of the so-called "congressional super- committee" facing a deadline for action on the nation's deficit. >> brown: and spencer michels reports from california, facing its own partisan gridlock. >> i think it's the same as at the national level. you have two sides that are, you know, trying to one- upmanship. things don't get done. >> woodruff: plus, margaret warner talks to npr's steve inskeep about his new book on the tumultuous mega-city of karachi, pakistan. >> one of the most remarkable things about this city is the way that it springs back to life after a violent incident. it sounds brutal, but they keep pushing to make their lives just a little bit better than they were. >> brown: that'sll ahead on tonight's newshour. major funding for the pbs newshour has been provided by: the economy is tough everywhere. >> we pumped $21 billion in local economies, into small businesses, communities, equipment, mater
: then, ray suarez examines the rise and fall of a brokerage firm led by former new jersey governor jon corzine. >> woodruff: two stories about budget battles: we update the progress of the so-called "congressional super- committee" facing a deadline for action on the nation's deficit. >> brown: and spencer michels reports from california, facing its own partisan gridlock. >> i think it's the same as at the national level. you have two sides that are, you know,...
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. >> brown: now in his second season, it features several segments some out of the jon stewart play book while fake reporting in the field. >> brown: and there are interviews, sometimes straight, sometimes relaxed. recent events in egypt gave the pair a chance to point out a few differences between the countries. with a big wink of the eye. >> people of iran, do you know what is happening in egypt? there's an uprising there, a revolution. they're going to open bars. women don't have to wear veils anymore. high speed internet is becoming available. >> brown: in other words not so bad. the surprise result this creation of two self-described regular dudes has become one of the most popular programs in iran. for its watched on satellite tv, illegal but widely used, and on internet sites such as facebook which is also illegal but where the program had close to 30 million views in the past month. the show is a hit with the iranian-american community as well. a math teacher who doesn't want to share his last name for fear of reprisal to his mother in iran and this man an i.t.specialist get some
. >> brown: now in his second season, it features several segments some out of the jon stewart play book while fake reporting in the field. >> brown: and there are interviews, sometimes straight, sometimes relaxed. recent events in egypt gave the pair a chance to point out a few differences between the countries. with a big wink of the eye. >> people of iran, do you know what is happening in egypt? there's an uprising there, a revolution. they're going to open bars. women...
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senator jon and to hari sreenivasan for what's on the "newshour" online. hari? >> paul: economics correspondent paul solman considers what would happen if the united stated defaulted on its debt to china. more on making sense. on our science page, we look at the art of science tattoos with carl zimmer, who compiled more than a thousand images of scientific body art-- from dna to galaxies-- for his book. judy woodruff looks at newt gingrich's surge in the polls. that's on our politics page. all that and more is on our web site, newshour.pbs.org. jeff? >> brown: and that's the "newshour" for tonight. i'm jeffrey brown. >> woodruff: and i'm judy woodruff. we'll see you online and again here tomorrow evening with mark shields and david brooks, among others. thank you and good night. major funding for the pbs newshour has been provided by: and by the alfred p. sloan foundation. supporting science, technology, and improved economic performance and financial literacy in the 21st century. and with the ongoing support of these institutions and foundations. and... this pr
senator jon and to hari sreenivasan for what's on the "newshour" online. hari? >> paul: economics correspondent paul solman considers what would happen if the united stated defaulted on its debt to china. more on making sense. on our science page, we look at the art of science tattoos with carl zimmer, who compiled more than a thousand images of scientific body art-- from dna to galaxies-- for his book. judy woodruff looks at newt gingrich's surge in the polls. that's on our...
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jon huntsman gets the opportunity to try to be the dragon slayer in the granite state but he has a long way to go before he can be considered a contender for the nomination. >> woodruff: if it helps a huntsman and a romney, is there anybody clearly hurt by this? >> i'm not sure there's anyone clearly hurt by this. i do think that we have... we still have eight candidates on stage but probably for not that much longer. the third quarter financial reports closing september 30 will be coming out in the next few days by october 15 for sure. and several candidates are really running on fumes. michele bachmann being one of them. she had three more advisors leave her campaign. a couple went back to her congressional office which signals to me that there's not the money to have them on payroll. i do believe that we have a contracting field here. and there's still the question of sarah palin. she's not yet said what she's doing. she's given no signs she's definitely running. she's the only at least slight crack in the door that i see. >> woodruff: so the field contracting may be growing, maybe n
jon huntsman gets the opportunity to try to be the dragon slayer in the granite state but he has a long way to go before he can be considered a contender for the nomination. >> woodruff: if it helps a huntsman and a romney, is there anybody clearly hurt by this? >> i'm not sure there's anyone clearly hurt by this. i do think that we have... we still have eight candidates on stage but probably for not that much longer. the third quarter financial reports closing september 30 will be...
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arizona senator jon kyl spoke for them today. >> there's no evidence that this temporary tax cut has actually produced any new jobs which is the whole idea. in fact, our economy has decelerated. in 2010 we had a 2.8% g.d.p. growth. we're now down to just over 1%. >> holman: on another point, a spokesman for house speaker john boehner argued again today that a surtax on higher incomes would hurt small businesses and kill jobs. the senate is expected to vote on the new version of the payroll tax extension later this week. a series of bombings in iraq today killed at least 32 people and wounded nearly 100 others. the attacks struck shiite pilgrims as they traveled across the country for the observance of ashura. it commemorates the split between shia and sunni islam. the latest violence comes as u.s. forces pack up to leave the country by year's end. the u.s. and scores of other nations pledged today to continue supporting afghanistan after most foreign forces leave in 2014. the commitments came at a conference in bonn, germany. afghan president hamid karzai said his country will need f
arizona senator jon kyl spoke for them today. >> there's no evidence that this temporary tax cut has actually produced any new jobs which is the whole idea. in fact, our economy has decelerated. in 2010 we had a 2.8% g.d.p. growth. we're now down to just over 1%. >> holman: on another point, a spokesman for house speaker john boehner argued again today that a surtax on higher incomes would hurt small businesses and kill jobs. the senate is expected to vote on the new version of the...
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jon huntsman gave one last week and we're expecting the president's tomorrow. are we expecting to hear any of that topic tonight? is that going to be the main top snick >> there's no doubt all of the candidates on the stage tonight are aware that the president's speech the is tomorrow night and see this as an opportunity to call on the president to enact policies that, of course, the president's not interested in enacting. this is a republican debate. i do think that we're not going to see reason deliver tonight on the debate stage his economic plan. the he is brand new to the race, he has not been speaking in specifics at all on the campaign trail. it's been much more sort of broad philosophical differences he has with the president. so i don't think you should expect to see that you can contrast everything said tonight with the president's plan tomorrow night but i do think you're going do see some candidates try to,... for instance, jon huntsman. he is going to draw out a more moderate position here. reach out to the independent voters, show why he could go
jon huntsman gave one last week and we're expecting the president's tomorrow. are we expecting to hear any of that topic tonight? is that going to be the main top snick >> there's no doubt all of the candidates on the stage tonight are aware that the president's speech the is tomorrow night and see this as an opportunity to call on the president to enact policies that, of course, the president's not interested in enacting. this is a republican debate. i do think that we're not going to...
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woodruff: you can watch our earlier interviews with texas representative ron paul and former utah governor jon huntsman on our web site. and we'll talk with other g.o.p. presidential contenders in the coming months. >> brown: and we go now to another story from our "economist film project" series. the film is "raw opium," about a substance with the power to both ease pain and destroy lives. much orlthwoe d'crpowoy ppop used to make heroug iy s smedgld out of afghanistan.ps andann lmovhed princed arlierint this week, afghan and coalition troops destroyed more than $350 million worth of opium and .heinro filmmakers robert pnginnd aeter findlay traveled to the border between afghanistan andrc tajikistan where they followed the difficult job of a united nation's drug enforcement agent. here's an excerpt narrated by john ralston. >> this is where you hit rock bottom. when it comeses to opium and the heroine that's made from it, nothing is exactly what it seems. the story begins halfway around the world with a plant that has been both a curse and a blessing. the growing network of smuggling routes o
woodruff: you can watch our earlier interviews with texas representative ron paul and former utah governor jon huntsman on our web site. and we'll talk with other g.o.p. presidential contenders in the coming months. >> brown: and we go now to another story from our "economist film project" series. the film is "raw opium," about a substance with the power to both ease pain and destroy lives. much orlthwoe d'crpowoy ppop used to make heroug iy s smedgld out of...
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let'john perry be the nominee or jon huntsman be the nominee. >> charlie: close this out for me, if you look at the congress over the next six months, what do you expect to see. >> i think it's very messy. i would be very surprised if that superommittee is able to come up with a recommendation and there will be a battle what that means for triggering and i think the bush taxuts will be front and center and will dom neat -- dominate a big part of the 2012 campaign. if barack obama runs, it will be colossal triumph of vanity over construcon. >> charlie: you have been watching this for a few years, albert. >> it was better than you thought, charlie. >> charlie: i always liked henry clay myself. w will this congress shape up. what will be the judgment about them, looking at this crises. >> certainly it's going to have the tea party in the lead whatever the historical judgment is. i must say based on only seven months, it is really a dysfunctional congress, it's one that lacks civility. i can't imagine much happening in the next year. [indiscernible] is -- obama is going to say he wants pate
let'john perry be the nominee or jon huntsman be the nominee. >> charlie: close this out for me, if you look at the congress over the next six months, what do you expect to see. >> i think it's very messy. i would be very surprised if that superommittee is able to come up with a recommendation and there will be a battle what that means for triggering and i think the bush taxuts will be front and center and will dom neat -- dominate a big part of the 2012 campaign. if barack obama...
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jon huntsman announces today, what kind of foreign policy debate will we have in the upcoming campaign. >> i'm a little dubious that isolation -- it depends where you sit. parties that sit are more isolationists than parties that control the wtehouse because on they do that they contro the military which they enjoy doing. because they have a global responsibili. when you're in opposition it's really to say it's really messy over there in labia and afghanistan, that's just get out. so everye indulges that. the republican party when bill clinton was in fice looked like a pretty isolation es party and when george bureaucrat comes in offic they don look that way at all. i'm dubious all of this is sweeping the republican party in one way. i'm also dubious and this is related, it's the underlying question is, is the party becoming more libertarian in a rand paul direction. he's very anti-government at home but very anti-interventionism abroad. that clearly has been an eleme to the tea party but i'm very dubious that's ever going to be a major part of the republican party even if you look at
jon huntsman announces today, what kind of foreign policy debate will we have in the upcoming campaign. >> i'm a little dubious that isolation -- it depends where you sit. parties that sit are more isolationists than parties that control the wtehouse because on they do that they contro the military which they enjoy doing. because they have a global responsibili. when you're in opposition it's really to say it's really messy over there in labia and afghanistan, that's just get out. so...
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is now clear and the banks -- >> jon: even though we don't yet know what the regulations will really look like in the end because they haven't laid out the enforcement. >> oh, we're down to the details. i think by and large we know -- >> and you're comfortable with that as a major financial sector institution? >> well, i think in the u.s., in terms of dodd-frank? >> rose: yes. >> well, i think there are still some things we're working on to improve, particularly around securetization and -- >> is that code word for we're heavy lobbying in washington to see that they understand our point of view. >> you would be shocked to hear lobby is not how i would define it. i think there are discussions on how the legislation is going to be written, how it will be codified, and i think we are providing as much expertise as we can to the people writing those rules, and i think that's appropriate. >> rose: and the other thing was confidence. >> confidence. if i go back to early 2010, i recall being on a panel of c.e.o.s on the west coast, and with the turmoil around dodd-frank, the turmoil still f
is now clear and the banks -- >> jon: even though we don't yet know what the regulations will really look like in the end because they haven't laid out the enforcement. >> oh, we're down to the details. i think by and large we know -- >> and you're comfortable with that as a major financial sector institution? >> well, i think in the u.s., in terms of dodd-frank? >> rose: yes. >> well, i think there are still some things we're working on to improve,...
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and jon huntsman, another contender for the party's presidential nod, has called for speeding up the u.s. withdrawal from afghanistan. white house officials and top republicans pledged today to keep talking on how to cut the deficit. but there was no sign of any compromise. president obama met monday with senate leaders from both parties, on raising the national debt ceiling. republicans insisted again today they will not accept tax hikes. texas senator john cornyn warned democrats will pay the price unless they accept huge spending cuts. >> obviously if it's possible to deal with the spending problem and the entitlement reforms, that's our first choice but if the president and his party refuse to do the right thing, then in the senate they're going to be required to vote to raise the debt limit. we'll have a referendum in 2012 on that decision. >> sreenivasan: in turn, democratic majority leader harry reid criticized several republican presidential candidates for suggesting the issue is not so urgent. >> i think everyone needs to do a better job of explaining to the american people
and jon huntsman, another contender for the party's presidential nod, has called for speeding up the u.s. withdrawal from afghanistan. white house officials and top republicans pledged today to keep talking on how to cut the deficit. but there was no sign of any compromise. president obama met monday with senate leaders from both parties, on raising the national debt ceiling. republicans insisted again today they will not accept tax hikes. texas senator john cornyn warned democrats will pay the...
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Nov 22, 2011
11/11
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>> sreenivasan: globalpost's jon jensen has been on the front lines of the latest clashes in tahrir square. that's on our world page. on our making sense page, paul solman answers a reader's question about the impact of changing tax rates on consumer spending. and how will the health care industry be affected by the failure to reach a deal on the deficit? we get one view from mary agnes carey of kaiser health news. all that and more is on our web site, newshour.pbs.org. >> suarez: and that's the newshour for tonight. on tuesday, we'll look at where the republican presidential candidates stand on foreign policy issues. i'm ray suarez. >> woodruff: and i'm judy woodruff. we'll see you online and again here tomorrow evening. thank you, and good night. major funding for the pbs newshour has been provided by: >> i mean, where would we be without small businesses? >> we need small businesses. >> they're the ones that help drive growth. >> like electricians, mechanics, carpenters. >> they strengthen our communities. >> every year, chevron spends billions with small businesses. that goes right to
>> sreenivasan: globalpost's jon jensen has been on the front lines of the latest clashes in tahrir square. that's on our world page. on our making sense page, paul solman answers a reader's question about the impact of changing tax rates on consumer spending. and how will the health care industry be affected by the failure to reach a deal on the deficit? we get one view from mary agnes carey of kaiser health news. all that and more is on our web site, newshour.pbs.org. >> suarez:...
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660
Dec 10, 2011
12/11
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all of them, including jon hunts map, said no, no, they wouldn't do that. that's an acknowledgment, i think, in the president's speech that there is no point in trying to reason. they've given on positions they've long held as a party, including the payroll tax suspension. just simply because they're opposing the president. so i think-- i think david's absolutely right. there are going to be two questions voters ask in 2012-- is it working-- that is is the obama economy-- and is it fair? and i think he obviously wants to emphasize the secondals because the statistics on the first are not that positive. >> woodruff: you're saying to focus on the fairness is off the point, it should be more about what's happening to the country? >> i think it's about growth. we haveanin equality problem, there's no question. we want a stronger economy and strong wage growth. and that's somewhat related to whether the top 1% get super bonuses but it's not totally related to that so you better have a strong story about generating economic growth and i didn't see that story. sec
all of them, including jon hunts map, said no, no, they wouldn't do that. that's an acknowledgment, i think, in the president's speech that there is no point in trying to reason. they've given on positions they've long held as a party, including the payroll tax suspension. just simply because they're opposing the president. so i think-- i think david's absolutely right. there are going to be two questions voters ask in 2012-- is it working-- that is is the obama economy-- and is it fair? and i...
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660
Jun 15, 2011
06/11
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jon snow narrated the i.t.n. documentary, "sri lanka's killing fields." >> there were between 300,000 and 4,000 people living here. satellite and drone footage meant the u.n. and other powers knew a great deal about what went on throughout the war in the no-fire zone. the u.n. monitored what happened at their headquarters. was it safe? the no-fire zones? >> no, it wasn't. the no-fire zone was taking significant amounts of shelling from the government of sri lanka and it was killing civilians. >> a u.n. special panel report published this april found that government heavy artillery was being used in the so-called no-fire zone. yet the sri lankan government continued to insist it was engaged in a humanitarian rescue operation with a policy of zero civilian presence. in april, the government adopted a new approach. they focused a lethal barrage of heavy shelling along a line stretching back from a temporary hospital splitting off a section. >> the government cut the sand spit in after so that 100,000 civilians flood
jon snow narrated the i.t.n. documentary, "sri lanka's killing fields." >> there were between 300,000 and 4,000 people living here. satellite and drone footage meant the u.n. and other powers knew a great deal about what went on throughout the war in the no-fire zone. the u.n. monitored what happened at their headquarters. was it safe? the no-fire zones? >> no, it wasn't. the no-fire zone was taking significant amounts of shelling from the government of sri lanka and it...
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752
Nov 4, 2011
11/11
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jon corzine resigned today as chairman and c.e.o. of the embattled brokerage firm mf global. the company declared bankruptcy last week. it is now under investigation by federal regulators and the fbi after $600 million disappeared from customer accounts. corzine has reportedly hired a criminal defense attorney as well. he is a former senator and governor of new jersey, and the one-time head of investment firm goldman sachs. in syria, thousands of protesters braved military gunfire after friday prayers , and activists reported at least 19 were killed. it came just two days after the arab league brokered a deal to end the bloodshed. bill neely of independent television news is in damascus, where he filed this report. >> reporter: weapons syria's army says it seized from militants. now, syria is offering an amnesty to all those who give up their guns. but peaceful protest has been at the heart of syria's uprising, and near homs, the hotbed of trouble, we've seen no sign that the army is withdrawing the tanks and troops it's used to crackdown. it says it will do this gradually ov
jon corzine resigned today as chairman and c.e.o. of the embattled brokerage firm mf global. the company declared bankruptcy last week. it is now under investigation by federal regulators and the fbi after $600 million disappeared from customer accounts. corzine has reportedly hired a criminal defense attorney as well. he is a former senator and governor of new jersey, and the one-time head of investment firm goldman sachs. in syria, thousands of protesters braved military gunfire after friday...
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737
Dec 30, 2011
12/11
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jon huntsman-- former utah governor-- defended his decision to focus entirely on new hampshire. "they pick corn in iowa," he said. "they actually pick presidents here in new hampshire." >> brown: so that's where things stand in iowa. but, why should we care? and what does iowa's first-in- the-nation vote tell us, anyway? we explore that now, with historian richard norton smith, scholar-in-residence at george mason university. and jeff stein, vice chair of the board of trustees for the state historical society of iowa. now richard, one of my colleagues called you today and you said almost without being prompted, i'm sick of iowa. come and tell us about this. >> let me draw a very important distintions between iowa, a place i lived very happily for six years and for whose people i have great affection and the overreported, overanalyzed, overinterpreted kabooki theatre that is the quote iowa caucus. >> brown: why is it kabooki theatre. >> well, gosh, we have the ames straw poll which we are told is the caucus before the caucus. and we're supposed to pay a lot of attention to the am
jon huntsman-- former utah governor-- defended his decision to focus entirely on new hampshire. "they pick corn in iowa," he said. "they actually pick presidents here in new hampshire." >> brown: so that's where things stand in iowa. but, why should we care? and what does iowa's first-in- the-nation vote tell us, anyway? we explore that now, with historian richard norton smith, scholar-in-residence at george mason university. and jeff stein, vice chair of the board of...